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Property profile & analytics
FOR SALE
Grocery and convenience stores
200 Franklin St, Hagerstown, MD 21740-4706
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-0134930
For Sale
1 / 6
$515,000
200 Franklin St, Hagerstown, MD 21740-4706
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1984
Construction
BRICK
Total area
2,585 SF
Lot
0.24 ac (10,629 SF)
Zoning code
CCMU
APN
25-008162
UPID
US40-0134930
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CoinFlip Bitcoin ATM Currency Exchange Service Investment Service
-
Western Union Bank Credit Union
-
7-Star Mini Market Department Store
-
Innernet Inc Mobile Phone Store Electronics & Wireless Store
-
Nadia Convenience Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Franklin St LLC · 4 yrs held
Franklin St LLC
since 2022
5 recorded transactions
Zoning & alternative use
CCMU · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hagerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hagerstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,285
Tax year 2023
Assessed value
$249,767
Assessed 2023
Previous assessed
$249,600
+0.1% YoY
Effective rate
0.91%
On assessed value
Land market value
$148,800
Improvement market value
$101,300
Total market value
$250,100
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Sale
Year built
1984
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
2,585 SF
Lot
0.24 ac (10,629 SF)
Zoning code
CCMU
APN
25-008162
UPID
US40-0134930
Jurisdiction
WASHINGTON
Zoning & alternative use
CCMU · Hagerstown, MD
Zoning CCMU · permitted uses
CCMU · Hagerstown, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hagerstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Franklin St LLC
Entity
Mailing address
200 W FRANKLIN ST, HAGERSTOWN, MD 21740-4706
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
—
Franklin St LLC
—
Deed
related
$392,000 · Atlantic Union Bank
May 13, 2022
—
Franklin St LLC
—
Deed
related
$305,000 · Truist Bank
Mar 15, 2022
$305,000
Franklin St LLC
Jose Arias
Deed
—
—
—
Nadia Realty LLC
—
Deed Of Trust
related
$200,000 · Citizens National Bank
—
—
Nadia Realty LLC
—
Deed Of Trust
related
$100,000 · Susquehanna Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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